Occidental Petroleum forecasts flat production, lower spending in 2026

Core Viewpoint - Occidental Petroleum anticipates flat production growth in 2026 and a decrease in spending below current-year levels due to declining crude prices [1] Company Summary - Occidental Petroleum projects no growth in production for 2026 [1] - The company expects its spending to fall below the levels of the current year [1] - The anticipated changes are attributed to a slide in crude prices [1]